The cryptocurrency exchange Bitget announced today
(Friday) that it has integrated Copper’s ClearLoop network. This collaboration
introduces off-exchange settlement solutions to institutional clients aimed at
enhancing the security of digital assets, mitigating counterparty risks, and
optimizing capital efficiency.
Bitget’s integration
with Copper’s ClearLoop reportedly allows clients to securely store their
digital assets in Copper’s MPC wallet while facilitating settlements during
their trading activities on Bitget. Through the integration, Bitget aims to
elevate the overall trading experience for institutions, promoting a safer,
more efficient, and adaptable crypto trading landscape.
Gracy Chen, the Managing
Director of Bitget, said in an email sent to Finance Magnates: “Bitget’s
dedication to providing top-notch services to different clients is further
exemplified by this integration with Copper. We noticed the growing demand for
enhanced asset security and efficient trading solutions.”
ClearLoop delegates and
trade institutional clients’ capital across various ClearLoop-connected
exchanges. This functionality enables cross-exchange trading strategies without
the burden of transfer and withdrawal costs. Besides that, the assets are held
within…
